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Cabinet convenes meeting to discuss economic recovery

VGP – The Cabinet convenes a meeting on Monday to scrutinize the implementation of the socio-economic recovery program in the first quarter this year.

April 04, 2022 12:58 PM GMT+7
PM chairs Gov’t monthly meeting for March - Ảnh 1.

Prime Minister Pham Minh Chinh presides over the Cabinet meeting, Ha Noi, Monday, April 4, 2022. Photo: VGP

The Cabinet will also discuss the socio-economic performance and the progress of public investment disbursement in the reviewed period.

Earlier, the General Statistics Office reported that the Vietnamese economy expanded 5.03% in the first quarter of this year.

The agro-forestry-fishery sector grew 2.45 per cent, the industrial and construction sector 6.38 per cent and the services sector at 4.58 per cent, contributing 5.76 per cent, 51.08 per cent and 43.16 per cent of overall economic growth, respectively.

Another 25,600 businesses resumed operations. In March alone, the number of newly established businesses reached 14,300, up 96 percent from last month.

Core inflation in the quarter was up 0.81 per cent compared to a year ago, according the to General Statistics Office./..